Molded Interconnect Device (MID) Market Size

  • Report ID: 5506
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Molded Interconnect Device (MID) Market Size

Molded Interconnect Device Market size was valued at USD 1.82 billion in 2024 and is likely to cross USD 7.49 billion by 2037, expanding at more than 11.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of molded interconnect device is estimated at USD 1.99 billion.

The market is growing as a result of the growing connection of IoT to these devices. Molded interconnect devices (MIDs) are useful in this situation. MIDs make it possible to incorporate electrical parts straight into three-dimensional forms, leading to the development of more connected and compact smart gadgets.

Designers may enhance functionality, optimize space, and construct complicated geometries with MIDs. Numerous industries, including consumer electronics, aerospace, healthcare, and automotive, are seeing a rise in the use of this technology.

In addition to this, a factor that is believed to fuel the market growth of the MID market is an increase in technological advancements in manufacturing. Continuous advancements in manufacturing technologies, such as laser direct structuring (LDS) and 3D printing, have enhanced the production efficiency and flexibility of MIDs. These techniques enable rapid prototyping and customization, catering to diverse industry needs.


Get more information on this report: Request Free Sample PDF

Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 5506
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of molded interconnect device is estimated at USD 1.99 billion.

The molded interconnect device market size was valued at USD 1.82 billion in 2024 and is likely to cross USD 7.49 billion by 2037, expanding at more than 11.5% CAGR during the forecast period i.e., between 2025-2037. The market growth is due to growing connection of IoT to these devices.

North America industry is anticipated to hold largest revenue share of 36% by 2037, due to growing technological innovation and industrial advancement in the region.

The major players in the market include Molex LLC, TE Connectivity, Amphenol Corporation, LPKF Laser & Electronics, MacDermid, Inc., Cicor Management AG, S2P Smart Plastic Product, Teprosa GmbH, DuPont, DSM Corporation
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample